NEC, Daikin Unveil Joint Venture
To Outsource Computer Services

Dow Jones Newswires

Updated Dec. 1, 1999 12:01 a.m. ET

TOKYO -- NEC Corp. and Daikin Industries Ltd. announced Tuesday they would set up a joint venture company offering outsourcing services for information-system development and monitoring for Japanese comapanies.

Daikin Industries will take a 70% stake in the company, with NEC holding the remaining 30%. The joint venture, to be set up Wednesday,...